(As of 4/30/2024)

Global X Active U-Sh T Invest Grade Bond ETF (HFR)

(Canadian Short Term Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2022





Inception Return
(12/10/2010)
2.61 %
YTD Return 2.11 %
NAVPS
(5/24/2024)
$9.93
Change $0.00 / -0.01 %
Growth of $10,000 (As of April 30, 2024)
MER 0.46 %
Assets ($mil) -
Rank (1Yr) 16/270
Std Dev (3Yr) 3.16 %
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The investment objective of the ETF is to generate income that is consistent with prevailing Canadian short-term corporate bond yields while reducing the potential effects of Canadian interest rate fluctuations on the ETF. The ETF invests primarily in a portfolio of Canadian debt (including debt-like securities) directly and hedges the portfolio’s interest rate risk by maintaining a portfolio duration that is not more than one year.
Fund Manager

Horizons ETFs Management (Canada) Inc.

Portfolio Manager

Horizons ETFs Management (Canada) Inc.

Sub-Advisor

Fiera Capital Corporation

 
Asset Allocation
(As of April 30, 2024)
Sector Allocation
(As of April 30, 2024)
Geographic Allocation
(As of April 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
IRS R CDOR03M P 3.235 5.38% 05-Aug-2027Domestic BondsFixed IncomeCanada3.91%
IRS R CDOR03M P 3.21 5.36% 12-Aug-2029Domestic BondsFixed IncomeCanada2.61%
Federation Csses Desjardins Qc 2.86% 26-May-2025Domestic BondsFixed IncomeCanada2.57%
Toronto-Dominion Bank 4.68% 08-Jan-2029Domestic BondsFixed IncomeCanada2.02%
Transcanada Pipelines Ltd 3.80% 05-Feb-2027Domestic BondsFixed IncomeCanada1.78%
Bank of Nova Scotia 1.85% 02-Nov-2026Domestic BondsFixed IncomeCanada1.60%
Manulife Financial Corp 4.06% 24-Feb-2027Foreign BondsFixed IncomeUnited States1.51%
Rogers Communications Inc 3.65% 31-Jan-2027Domestic BondsFixed IncomeCanada1.48%
Wells Fargo & Co 3.87% 21-May-2025Domestic BondsFixed IncomeCanada1.48%
National Bank of Canada 5.22% 14-Jun-2028Domestic BondsFixed IncomeCanada1.31%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.31 1.49 4.55 2.11 7.03 3.09 3.02 2.46
Benchmark -0.40 0.18 3.22 0.04 2.81 0.10 1.20 1.52
Quartile Ranking 1 1 1 1 1 1 1 1

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 7.41 -0.55 0.83 3.40 4.29 0.93 2.35 2.83 0.09 2.42
Benchmark 4.92 -3.98 -0.92 5.17 2.98 1.89 0.27 0.90 2.56 3.01
Quartile Ranking 1 1 1 4 1 3 1 1 4 3

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